The 1-bedroom apartment in Potamos Germasogeia
Room by room
A brand-new, furnished 1-bedroom apartment on the 3rd floor of a gated boutique complex, about 150 m from the sandy beach in Potamos Germasogeia, Limassol. Price €420,000 with no VAT added, sold directly by the developer. Nobody has lived in it.
Layout and space
The apartment has 56 m² of internal covered space and a 17 m² covered veranda, 73 m² of living area in total. With its share of common areas (8.2 m²) and the private storage room (3.5 m²) the total covered area is 84.7 m². Those are the figures from the title documents, and your lawyer will see the same numbers.
You enter into a short hallway with the bathroom on one side. The open living area combines the kitchen, a breakfast bar and the lounge, and floor-to-ceiling sliding doors open onto the veranda. The bedroom has its own window, a built-in wardrobe and an oak floor. Every room has air conditioning.
Kitchen, bathroom and finishes
The kitchen is a white fitted kitchen with handleless cabinets, a marble-effect worktop and splashback, an induction hob, a built-in oven and an island that doubles as a breakfast bar with two stools. There is space for a dining table near the veranda doors.
The bathroom has large-format marble-effect tiles, a wall-hung basin with storage underneath and a glass walk-in shower. Floors in the living area are large porcelain tiles, which stay cool in summer and are easy to keep clean between tenants.
What comes with it
The apartment is sold fully furnished, as it stands. That includes the sofa, the bed, the bar stools, the outdoor furniture on the veranda, the TV unit, kitchen appliances and air conditioning units. You can move in or hand it to a letting agent the week the transfer completes.
- Covered parking space in the building
- Private storage room of 3.5 m²
- Lift, alarm and a fire alarm system
- High-speed internet and satellite TV connections
- Communal pool with sun loungers and a relaxation area
- Gated, landscaped grounds and an entrance lobby with a living green wall
The building
The complex is small, which keeps it quiet and the communal charges modest. You will recognise it by the large botanical mosaic on its wall above the pool. Completed in 2022, it has energy class A, so the flat stays cooler with less air conditioning, and the running costs in summer are lower than in older blocks along the coast.
Daily life from this address
The beach is about 150 m away, roughly two minutes on foot. Restaurants, cafés, bakeries and small shops line the streets between the building and the sea. Dasoudi beach and its park are a short drive or a longer walk along the seafront, and the Limassol old town and marina are about fifteen minutes by car.
For larger shopping there are supermarkets within a few minutes’ drive. Larnaca airport is about 45 minutes away. Many owners in this part of Germasogeia use their flat for long weekends in spring and autumn, when the sea is still warm and the town is calm.
Letting the apartment
One-bedroom flats near the beach are the most liquid rental format in Limassol: young professionals who work in the city want to live by the sea, and companies rent for relocated staff. The 2026 median asking rent for a 1-bed in Germasogeia is about €1,400 a month, a gross yield of about 4% on the price before costs.
Short-term holiday letting can earn more in summer but needs a licence from the Deputy Ministry of Tourism and active management. We send a forecast in three scenarios, long let, holiday let and mixed use, so you can compare the net figures for yourself.
What the purchase costs in total
No VAT is added to the €420,000 price. A single buyer pays about €13,400 in Land Registry transfer fees at the reduced rate, plus around 1% plus VAT to their own lawyer. Two people buying jointly pay about €10,000 in transfer fees in total. There is no stamp duty from 2026 and no annual property tax.
Ongoing costs are communal fees, electricity, water, internet and insurance. We list each figure in the property pack, so you can compare the apartment against other options on the same basis.